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Aug 30, 2023ACQUISITIONJiaxing, China Sanjiang Chemical to acquire Lotte Chemical (Jiaxing) for 212 million yuan
China Sanjiang Chemical's indirect wholly-owned subsidiary Sanjiang Chemical plans to acquire 100% equity of Lotte Chemical (Jiaxing) Co., Ltd. from Lotte Chemical Co., Ltd. for approximately RMB 212 million. The target company manufactures ethanolamine and other ethylene oxide derivatives.
Productsethanolaminediethanolaminetriethanolaminepolyethylene glycol monomethyl etherpolyethylene glycolpropylene glycol polyethylene glycolisobutylene polyethylene glycolisopentylene glycoldiethanol isopropanolaminepolypropylene plastic foaming
“entering into the share purchase agreement will help the group increase its downstream production capacity and increase its local land bank”allhdi.com
- 1 source
- allhdi.comChina Sanjiang Chemical plans to acquire 100% equity of Lotte Chemical (Jiaxing) Co. Ltd. for 212 million yuan_Toluene diisocyanate manufacturerSep 19, 2023
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